EtherNasyonaL also noted that this phase often coincides with widespread market doubt and bearish sentiment. Historically, the “NGMI” (Not Gonna Make It) feeling tends to dominate just before Dogecoin begins a parabolic rally.
Such pessimism often reflects capitulation among retail traders, while larger players quietly accumulate positions in anticipation of the next breakout. If history repeats, the ongoing consolidation could mark the calm before the next significant surge, a reminder that market doubt often precedes Dogecoin’s most powerful upward moves.
